bitjoin
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November 10, 2016, 06:47:27 PM |
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Cash is so much better for illegal activities its so obvious. I do think there could be larger opperations going on in some of the more dodgy trading sites but its the same as the banks or fed. Overall crypto is probably cleaner its just that new things are at their most exploitable.
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South Park
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November 10, 2016, 09:30:05 PM |
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Yes it is indeed being used for illegal activities. The main reason? Provides no way to trace the person apparently. Yet, it is even easier to find some Bitcoin criminal than someone selling drugs and receiving notes.
yeah people know that using bitcoin then people will not know the intent of your transaction, then it is very likely that bitcoin is used for illegal activities Yeah, but on a side note...If bitcoin is banned or illegal in your country, any transaction you will do will be illegal as long as it involves bitcoin right? Eventhough your aim or purpose is legal or lawful. Banning bitcoin is the common way to stop these transaction but it cant really stop the illegal activities because transaction would happen underground and as we all know transactions could be hard to trace up because of anonymity of bitcoin thats why its still useless to ban it for sure. Personally I have never seen banning something or making it illegal as a way to stop something tis a way for the government to use harsher methods in order to get their way, just look at drugs illegal in most of the world and still widely available.
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xSkylarx
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November 11, 2016, 05:17:19 AM |
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Yes it is indeed being used for illegal activities. The main reason? Provides no way to trace the person apparently. Yet, it is even easier to find some Bitcoin criminal than someone selling drugs and receiving notes.
yeah people know that using bitcoin then people will not know the intent of your transaction, then it is very likely that bitcoin is used for illegal activities Yeah, but on a side note...If bitcoin is banned or illegal in your country, any transaction you will do will be illegal as long as it involves bitcoin right? Eventhough your aim or purpose is legal or lawful. Banning bitcoin is the common way to stop these transaction but it cant really stop the illegal activities because transaction would happen underground and as we all know transactions could be hard to trace up because of anonymity of bitcoin thats why its still useless to ban it for sure. Personally I have never seen banning something or making it illegal as a way to stop something tis a way for the government to use harsher methods in order to get their way, just look at drugs illegal in most of the world and still widely available. Yeah, even if drugs is illegal for many years government can't still stop it for how many years. It just keeps spreading. Also i think the people behind those illegal things are also high-ranking officials or high-reputation persons which makes it difficult to stop.
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Positid
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November 11, 2016, 06:09:00 AM |
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Yes it is indeed being used for illegal activities. The main reason? Provides no way to trace the person apparently. Yet, it is even easier to find some Bitcoin criminal than someone selling drugs and receiving notes.
yeah people know that using bitcoin then people will not know the intent of your transaction, then it is very likely that bitcoin is used for illegal activities Yeah, but on a side note...If bitcoin is banned or illegal in your country, any transaction you will do will be illegal as long as it involves bitcoin right? Eventhough your aim or purpose is legal or lawful. Banning bitcoin is the common way to stop these transaction but it cant really stop the illegal activities because transaction would happen underground and as we all know transactions could be hard to trace up because of anonymity of bitcoin thats why its still useless to ban it for sure. Personally I have never seen banning something or making it illegal as a way to stop something tis a way for the government to use harsher methods in order to get their way, just look at drugs illegal in most of the world and still widely available. Yeah, even if drugs is illegal for many years government can't still stop it for how many years. It just keeps spreading. Also i think the people behind those illegal things are also high-ranking officials or high-reputation persons which makes it difficult to stop. Right there, it's true.. They are protected by corrupt officials and it happens in every country. With the advent of bitcoin, they find a good currency that they can use to transact in there illegal transaction and they have been doing it which also makes the price of bitcoin increase.
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Liad.Services
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November 11, 2016, 06:59:05 AM |
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yes it is being used rather we saybbitcoin is a kind of internet freedom everyone can spend them the way they want no more rules or regulations interfaring our needs or anything but illigal activitys are kind of pritty much i belive they still can get arrested for those acctivitys
Right, even if you use bitcoin anonymously you can still be traced if you are not careful or when you try to cash it out. Ultimately, tracing the transactions would lead to you and hence you can get caught if you use Bitcoins for illegal activities. You actully can not be traced unless someone knows your idenity and your public address. Also nowdays people are tend to be using mixing services which makes tracing impossible,so actully bitcoin is the most anonymous coin you can use.
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goldcoinminer
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November 11, 2016, 07:54:47 AM |
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yes it is being used rather we saybbitcoin is a kind of internet freedom everyone can spend them the way they want no more rules or regulations interfaring our needs or anything but illigal activitys are kind of pritty much i belive they still can get arrested for those acctivitys
Right, even if you use bitcoin anonymously you can still be traced if you are not careful or when you try to cash it out. Ultimately, tracing the transactions would lead to you and hence you can get caught if you use Bitcoins for illegal activities. You actully can not be traced unless someone knows your idenity and your public address. Also nowdays people are tend to be using mixing services which makes tracing impossible,so actully bitcoin is the most anonymous coin you can use. You are definitely right, there are a lot of ways to make yourself anonymous.. If you are dealing with illegal activities you need to ensure that you will not be trace otherwise you will be arrested and suffer the consequences of your illegal activities.. Still bitcoin is not at fault if it happens.
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YuginKadoya
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November 11, 2016, 03:02:14 PM |
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yes it is being used rather we saybbitcoin is a kind of internet freedom everyone can spend them the way they want no more rules or regulations interfaring our needs or anything but illigal activitys are kind of pritty much i belive they still can get arrested for those acctivitys
Right, even if you use bitcoin anonymously you can still be traced if you are not careful or when you try to cash it out. Ultimately, tracing the transactions would lead to you and hence you can get caught if you use Bitcoins for illegal activities. You actully can not be traced unless someone knows your idenity and your public address. Also nowdays people are tend to be using mixing services which makes tracing impossible,so actully bitcoin is the most anonymous coin you can use. You are definitely right, there are a lot of ways to make yourself anonymous.. If you are dealing with illegal activities you need to ensure that you will not be trace otherwise you will be arrested and suffer the consequences of your illegal activities.. Still bitcoin is not at fault if it happens. Yup! authorities can not surely blame if bitcoin would be use in a illegal transaction the one that needs to be jailed would be the culprit for that illegal doings well bitcoin has been use by those persons and authorities should be aware and needs to find the whereabouts of the criminals and not focusing on the transaction that has been made through bitcoin.
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Tyrantt
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November 11, 2016, 03:13:21 PM |
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Blaming the bitcoin when it's used for criminal stuff is like blaming guns when someone shoots someone.
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Need some spare btc for a new PC that can at least run Adobe Dreamweaver.
BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
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eternalgloom
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November 11, 2016, 04:28:08 PM |
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Cash is so much better for illegal activities its so obvious. I do think there could be larger opperations going on in some of the more dodgy trading sites but its the same as the banks or fed. Overall crypto is probably cleaner its just that new things are at their most exploitable.
Yeah indeed, and there's also a lot more crime in real life than on the internet. But you'd have to admit that Bitcoin is indeed the currency of choice for people committing crime online.
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MMA
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November 11, 2016, 05:09:45 PM |
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Yes it is indeed being used for illegal activities. The main reason? Provides no way to trace the person apparently. Yet, it is even easier to find some Bitcoin criminal than someone selling drugs and receiving notes.
yeah people know that using bitcoin then people will not know the intent of your transaction, then it is very likely that bitcoin is used for illegal activities Yeah, but on a side note...If bitcoin is banned or illegal in your country, any transaction you will do will be illegal as long as it involves bitcoin right? Eventhough your aim or purpose is legal or lawful. Banning bitcoin is the common way to stop these transaction but it cant really stop the illegal activities because transaction would happen underground and as we all know transactions could be hard to trace up because of anonymity of bitcoin thats why its still useless to ban it for sure. Personally I have never seen banning something or making it illegal as a way to stop something tis a way for the government to use harsher methods in order to get their way, just look at drugs illegal in most of the world and still widely available. in fact i also never notice any person who is using bitcoins for illegal activities but still i can say that it may be used for illegal activities just like other fiat currencies that are also used for such kind of activities.
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marleybobthedog
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November 11, 2016, 05:27:25 PM |
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Why not. More than banking criminals will love to use bitcoin fit they illegal transaction because bitcoin is anonymous and will help them to stay hidden from the bright. Also in silk road bitcoin is highly used because it doesn't have much transaction charge, it doesn't have any barriers, it is pseudonymous and no one could ever track the transaction owner. So it's ease to use bitcoin for illegal activities.
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jak3
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November 11, 2016, 05:48:31 PM |
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yes bitcoin is being used for illigal activities but that does not term it as a bad stuff or i do not also think that normal people should interfare with those criminals well ofcourse if you want then can join them and make a deal but it depends on everyones point of view that why they are buing those
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Milkduds
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November 11, 2016, 06:12:43 PM |
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Problem with this question is we are looking at bitcoin being used for traditionally illegal activities but bitcoin can easily be seen as a illegal activity in its self. Recall the big music download era where pedophiles started sticking files in peoples music for defensive reasons or at least thats how I saw it without understanding another reason they would do it! Often wonder if bitcoin was traced and they went after everyone that touched that bitcoin at one point,not understanding the technology or claiming not to understand well prosecuting a wack load of folks. A far off example of how we all become illegal in a swipe but it really could happen with all kinds of things.
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South Park
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November 11, 2016, 08:51:03 PM |
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Why not. More than banking criminals will love to use bitcoin fit they illegal transaction because bitcoin is anonymous and will help them to stay hidden from the bright. Also in silk road bitcoin is highly used because it doesn't have much transaction charge, it doesn't have any barriers, it is pseudonymous and no one could ever track the transaction owner. So it's ease to use bitcoin for illegal activities.
This is not entirely right, criminals are mostly still using fiat for their illegal business bitcoin is just a small part of it, and second unless you take measures tracking your bitcoin transactions is very easy and there have been some raids that closed down some of those dark marketplaces.
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richardsNY
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November 11, 2016, 09:28:40 PM |
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Why not. More than banking criminals will love to use bitcoin fit they illegal transaction because bitcoin is anonymous and will help them to stay hidden from the bright. Also in silk road bitcoin is highly used because it doesn't have much transaction charge, it doesn't have any barriers, it is pseudonymous and no one could ever track the transaction owner. So it's ease to use bitcoin for illegal activities.
This is not entirely right, criminals are mostly still using fiat for their illegal business bitcoin is just a small part of it, and second unless you take measures tracking your bitcoin transactions is very easy and there have been some raids that closed down some of those dark marketplaces. Most of the illegal stuff happens with fiat, that's for sure. But no matter how small the number of Bitcoin related illegal activities are compared to fiat, people will always point their dirty finger at Bitcoin. If you talk to them and explain that fiat is the real problem, then they will either cut the discussion, or tell you that Bitcoin is the currency of the underworld. The media has brainwashed the average person to a serious level. No matter what good features of Bitcoin you highlight, for them it still doesn't make a difference.
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stadus
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November 12, 2016, 02:44:21 AM |
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Why not. More than banking criminals will love to use bitcoin fit they illegal transaction because bitcoin is anonymous and will help them to stay hidden from the bright. Also in silk road bitcoin is highly used because it doesn't have much transaction charge, it doesn't have any barriers, it is pseudonymous and no one could ever track the transaction owner. So it's ease to use bitcoin for illegal activities.
This is not entirely right, criminals are mostly still using fiat for their illegal business bitcoin is just a small part of it, and second unless you take measures tracking your bitcoin transactions is very easy and there have been some raids that closed down some of those dark marketplaces. Most of the illegal stuff happens with fiat, that's for sure. But no matter how small the number of Bitcoin related illegal activities are compared to fiat, people will always point their dirty finger at Bitcoin. If you talk to them and explain that fiat is the real problem, then they will either cut the discussion, or tell you that Bitcoin is the currency of the underworld. The media has brainwashed the average person to a serious level. No matter what good features of Bitcoin you highlight, for them it still doesn't make a difference. You said it right, that's too obvious since we are still 1% of the total population in the world, although we may consider that illegal activities are rampant in crypto world and bitcoin is mostly use, we are still not a big threat and bitcoin is just a currency which can be use both in illegal and legal same with fiat.
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| . .Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄ ███░░░░███░░░░███ ▀░░░▀░░▀░░░▀░░▀░░░▀ ▄░░░░░░░░░░░░ ▀██████████ ░░░░░███░░░░▀ ░░█░░░███▄█░░░█ ░░██▌░░███░▀░░██▌ ░█░██░░███░░░█░██ ░█▀▀▀█▌░███░░█▀▀▀█▌ ▄█▄░░░██▄███▄█▄░░▄██▄ ▄███▄ ░░░░▀██▄▀ | . REGIONAL SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██ ██░▀░██░█░███░▀██░███▄█ █▄███▄██▄████▄████▄▄▄██ ██▀ ▀███▀▀░▀██▀▀▀██████ ███▄███░▄▀██████▀█▀█▀▀█ ████▀▀██▄▀█████▄█▀███▄█ ███▄▄▄████████▄█▄▀█████ ███▀▀▀████████████▄▀███ ███▄░▄█▀▀▀██████▀▀▀▄███ ███████▄██▄▌████▀▀█████ ▀██▄███▀██▄█▄▄▄██▄████▀ ▀▀██████████▄▄███▀▀ ▀▀▀▀█▀▀▀▀ | . EUROPEAN BETTING PARTNER | |
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carlisle1
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November 12, 2016, 04:55:59 AM |
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I see more and more acrticles of bitcoin being used for illegal activities will this hurt bitcoin in the long run , will governments ban this just like they started to do wih paying in cash for some services to harden the use of illegal , and money laundering
I really think that your thread really meant nothing because bitcoin is a currency and just like other currency like dollar or other fiat money that are mostly involve in illegal transaction and can be involve in some illegal organization bitcoin is just the same if apply to some illegal activities that is why it is really common sense on what would people do with their bitcoin. As long it has a value it would surely being used on illegal services and transaction. as you said its up to people decision on how they gonna handle this things and how they would use up their money. Bitcoin is being used for sure on illegal things because of its anonymity feature. right that is the reason why some people uses bitcoin for illegal transaction is to hide their identity because they don't want to be caught by the authority , but there are more things why they kept using it not only because of its anonymity but it is way more convenient .
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Leonard2016
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November 12, 2016, 05:17:09 AM |
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Why not. More than banking criminals will love to use bitcoin fit they illegal transaction because bitcoin is anonymous and will help them to stay hidden from the bright. Also in silk road bitcoin is highly used because it doesn't have much transaction charge, it doesn't have any barriers, it is pseudonymous and no one could ever track the transaction owner. So it's ease to use bitcoin for illegal activities.
This is not entirely right, criminals are mostly still using fiat for their illegal business bitcoin is just a small part of it, and second unless you take measures tracking your bitcoin transactions is very easy and there have been some raids that closed down some of those dark marketplaces. Most of the illegal stuff happens with fiat, that's for sure. But no matter how small the number of Bitcoin related illegal activities are compared to fiat, people will always point their dirty finger at Bitcoin. If you talk to them and explain that fiat is the real problem, then they will either cut the discussion, or tell you that Bitcoin is the currency of the underworld. The media has brainwashed the average person to a serious level. No matter what good features of Bitcoin you highlight, for them it still doesn't make a difference. You said it right, that's too obvious since we are still 1% of the total population in the world, although we may consider that illegal activities are rampant in crypto world and bitcoin is mostly use, we are still not a big threat and bitcoin is just a currency which can be use both in illegal and legal same with fiat. that is true about all currencies in the world. they are all used for good and bad and there is no changing that. because as long as there are different people in the world there will be different ways they are going to use everything not only bitcoin or money but everything can be abused.
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mirakal
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November 12, 2016, 05:26:24 AM |
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yes bitcoin is being used for illigal activities but that does not term it as a bad stuff or i do not also think that normal people should interfare with those criminals well ofcourse if you want then can join them and make a deal but it depends on everyones point of view that why they are buing those
All illegal activities are bad stuffs so don't get wrong yourself for believing that there are illegal activities which can be good to our lives. And criminals are wise enough whether it is with fiat or bitcoin. In reality, bitcoin is really being used and abused by those type of people just to get satisfied their own purpose for being related in illegal activities. If you get caught you will be jailed but not bitcoin, it is not bitcoin's fault but yours. Even if fiat we can use in illegal activities and what more with bitcoin, what you need to do is just to be responsible enough so you will not suffer the consequences, bitcoin is freedom but we have to set limitations.
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Shane2821
Newbie
Offline
Activity: 15
Merit: 0
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 12, 2016, 05:28:06 AM |
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So is MONEY!!
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